With Builder in Bankruptcy, Buyers Are Left Out (NYTimes.com via Yahoo! Finance)
Story date: 2008-01-02 06:39:19
Added on: 2008-01-02 19:00:12
The collapse of the fabled Levitt & Sons, the first big home builder to fail in the current slump, illustrates how the real estate turmoil is spreading far beyond subprime borrowers.
Read more...
Related Stories:
-
An empire’s decline
MSNBC - But Levitt and Sons couldn’t survive the collapse of the housing and mortgage ... like Horsham-based Toll Brothers — have...
2008-01-18 10:07:00 -
Bank bids to buy Seasons at Tradition for $23 million at foreclosure ... - Fort Pierce Tribune
FORT PIERCE — If no one contests Monday morning's foreclosure auction, KeyBank will buy back the 1,200-home Seasons at Tradition development from...
2008-12-29 08:33:00 -
Home buyers suffer when builders flop (The Myrtle Beach Sun News)
The tumbling housing market is claiming a new class of victim: customers of insolvent home builders. In the latest sign of trouble,...
2007-11-17 09:32:45 -
Home builders' woes inflict pain on buyers (The State)
The tumbling housing market is claiming a new class of victim: customers of insolvent home builders. In the latest sign of trouble,...
2007-11-16 09:12:39 -
CBH Homes Maintains Builder Top 100 National Ranking (PR Newswire via Yahoo! Finance)
CBH Homes, the top-producing home builder in Idaho, was one of the few companies to hold its position on the Builder...
2008-05-20 02:13:00 -
UPDATE 2-Levitt & Sons files for bankruptcy protection
Reuters - The filing is the latest sign of the serious downturn in the U.S. housing market, where lax and abusive lending...
2007-11-08 03:56:00 -
Ex-chairman of SEC is strong voice for protecting investors (The Sacramento Bee)
Arthur Levitt, former Securities and Exchange Commission chairman, is one of the finance industry's leading voices for change. His goal: protecting individual...
2008-06-09 12:05:19 -
Buyers beware when homebuilders hit the skids
AZCentral.com - Such liens mean that the owner can't refinance, get a home-equity loan or sell the home. Other Levitt homebuyers can't...
2007-11-14 09:37:00
